wrgly

wrgly

watching month, week, day and 4hr time frames. daily oversold rsi is bearish watching for 50% test and back down again to set the range for a base/bounce or a deeper dive weekly is macd making its way to zero watching closely can not lose 0 Monthly macd gap closing. yup thats what happens when weekly crosses zero. (couple of weeks of chop? ) A bounce here would...

wrgly

I'm looking for entry monthly rsi needs to drop more. storsi says we have not made the bigger trend change yet. lots of opportunity for short term plays thanks to the volatility monthly rsi heading for 50 % watch for lower time frame divergences to develop.

wrgly

watching this resistance and a break above to $2 if we break that $2.4 is my next level. Why do I have so many fibs? 1) the price action is no longer in a linear channel. suggest we are making a trend change. so I have 3 possibilities one is GP remains a magnet as it has in the past. Two the trend change/curving bottom starting some sort of flat correction,...

wrgly

she's on the move $2.4 is my high, $2 is my mid-high but we will see.

wrgly

looking for an entry on lower prices. there is always potential that it consolidates /accumulates and runs higher. but the market is severely overbought and I would consider entry at lower prices.

wrgly

the daily needs improvement I'm bearish however one could play the 1hr over sold bounces for a scalp. FSR has some work today to dig out of this hole.

wrgly

Watching for a pullback into support and see if it holds. Look at the monthly rsi really bullish territory if it holds up there could be quite e move coming. I would not bet against this quite yet for short because of the monthly rsi would be watching for a divergence to set up. I would be taking profits soon. scale-out if needed you can always add back again....

wrgly

if you look at the gp on a log chart the price is sitting right inside GP. I relocated the fib to lower high to putting .38 at the higher low which is consistent with many support and resistance zones ... I will leave it there. Omicron Imo is signaling the end to the pandemic, we have a boatload of tankers sitting offshore still just waiting. either the economy...

wrgly

watching to see if we break higher or fall off this resistance. lost of selling pressure in this zone. Be real careful this has made rsi 80 before and if it does again blow a short position up

wrgly

I am watching the 4 hr right now we are at GP primed for a bounce.

wrgly

right to 73 looking for a bounce off .618 I think we got some chop ahead but a short term trade would ne nice here.

wrgly

Watching real close right now at GP for a correction macd zero cross would be awesome.

wrgly

watching for a break over 100% for a move to 127 if not this will bring rut down. with it.

wrgly

watching for a break above ath to new high if not we head lower.

wrgly

In my honest opinion I think Oil should be priced much higher but politicians are not helping. 1) looking at a short into this former resistance zone watching for reaction off gp a break above would take us to 0.7071 2) would be looking for support off of any former resistance. 3) rsi has room to move up still. 4) watching macd Oil should be trending much...

wrgly

I feel like a wedge is forming we are nearly halfway through the month DJI has been a lager

wrgly Updated 

we could be going lower my eyes are on volume right now possible bounce in play

wrgly Updated 

silver is still bearish, I see a mini rsi bull divergence could indicate a short term trade but I'm greedy and want the larger move might start a starter position. double bottom would be the signal as the macd closes. the RSI over the longer term suggests weakness and lower prices but I'm watching for a red vol spike that is not able to break that support...